| |
 | Rob Kirby - Kirby Analytics |
Forensic Examination of the Gold Carry Trade  |
| Friday, October 16, 2020 |
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 | Alasdair Macleod - Finance and Eco. |
The fiat money quantity (FMQ)  |
| Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This isThursday, September 17, 2020 |
|
 | John Butler - Goldmoney |
| A banker for all seasons: the life and times of John Exter – champion of sound money |
| The following is an introduction to a series of essays GoldMoney will be publishing, written by John Butler and Barry Downs, looking at the life and times of John Exter – leader in the fight against Richard Nixon, Alan Greenspan and the debasement of the US dollar. The source material for these essays includes John Exter's collected papers and works; the personal experiences, diary entries and recollections of the author; and interviews with former colleagues, friends and family of John Exter's.Saturday, July 4, 2020 |
|
 | Tim Iacono - Iacono Research |
 Inside the New York Fed’s Gold Vault |
| National Geographic goes to 33 Liberty Street in New York City to visit the Federal Reserve’s gold vault, home to about one-quarter of the world’s gold. Beginning at about the 3 minute mark, you get to see what one tonne of gold looks like, another reminder of just how dense the metal is.
About half-way through this segment, they visit the New York gold district and then they begin a discussion of the current monetary system with this:
All that money used to be backed by gold, but not any moreSunday, June 7, 2020 |
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 | Ronan Manly - Bullion Star |
| New Gold Pool at the BIS Basle, Switzerland: Part 1 |
| “In the Governor’s absence I attended the meeting in Zijlstra’s room in the BIS on the afternoon of Monday, 10th December to continue discussions about a possible gold pool. Emminger, de la Geniere, de Strycker, Leutwiler, Larre and Pohl were present.”
13 December 1979 – Kit McMahon to Gordon Richardson, Bank of England
Introduction
A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as tSaturday, April 18, 2020 |
|
 | Mac Slavo - ShtfPlan |
| How Will Gold Prices Behave During The Next Economic Crisis |
| This report was originally published by Brandon Smith at Alt-Market.com
It is generally well known in economic circles and in the general public that precious metals, including gold, tend to be the go-to investment during times of fiscal uncertainty. There is a good reason for this. Precious metals have foundation qualities that provide trade stability; these include inherent rarity (rather than artificially engineered rarity such as that associated with cryptocurrencies), tangibility (you can Tuesday, March 13, 2018 |
|
 | Chris Powell - GATA |
| Study finds increase in taxi trips between NY Fed and banks around FOMC meetings |
| A new study has found a jump in New York City taxi cab activity between the Federal Reserve Bank of New York and major Wall Street banks around the time of central bank policy meetings, and the study's author says the findings suggest an increase in informal communications between Fed employees and individuals in the private sector could be occurring.
The New York Fed strenuously disputed the study's assertions.
The study was conducted by University of Chicago Booth School of Business Ph.D. caMonday, March 5, 2018 |
|
 | Mark O'Byrne - gold.ie |
| Trump Risks Trade and Currency Wars – Protectionism and Economic War Loom |
| – Global stocks slump as Trump risks trade wars– Gold prices little changed despite dollar weakness after tariff news– Trump announced plans to impose heavy tariffs on imported metals– China likely to retaliate with heavy tariffs on U.S. agricultural exports– Geo-political tensions with EU and of course China and Russia to escalate– Trade, currency wars and competitive currency devaluations tend to lead to actual war– Russia unveils next generation of “invincible nuclear weapons”– Safe haven golSaturday, March 3, 2018 |
|
| Chris Powell - GATA |
| New York Fed official celebrates a century of market rigging |
| Last month an official of the Federal Reserve Bank of New York celebrated a century of cooperation by central banks in secret interventions in the markets. His address was posted on the internet sites of the New York Fed and the Bank for International Settlements, but mainstream financial news organizations have yet to take note of it.
The official, Simon M. Potter, executive vice president of what the New York Fed calls its Markets Group, spoke December 20 at the bank's "Commemoration of the CeSaturday, January 20, 2018 |
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| Ronan Manly - Bullion Star |
| US Gold Reserves, Of Immense Interest to Russia and China |
| Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury.
The first of these articles, published by RT on 30 December 2017, is titled “US gold ofFriday, January 19, 2018 |
|
 | Mish - Global Economic Analysis |
| GDPNow Dives Following Jobs, ISM Report: Little Reaction in Nowcast |
| A volatility difference between the GDP models is again in play. GDPNow declined 0.5 PP to 2.7% while Nowcast rose 0.1. The Atlanta Fed GDPNow Forecast for fourth-quarter GDP took a half-percentage-point dive following today's economic reports.
GDPNow Forecast: 2.7% - January 5, 2018
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 2.7 percent on January 5, down from 3.2 percent on January 3.
The forecasts of real consumer spendinFriday, January 5, 2018 |
|
| Chris Powell - GATA |
| U.S. gold reserves are not good enough to be tradable, expert tells Russia Today |
| From Russia Today, Moscow
Saturday, December 30, 2017
https://www.rt.com/business/414610--us--low--quality--gold/
The United States doesn't let anyone see its gold reserves. Even if the Treasury has the number of billions it claims, they are not tradable, warns Singapore's BullionStar precious metals expert Ronan Manly.
The U.S. government claims to hold 8133.5 tonnes of physical gold in its official reserves. Fifty-eight percent is reportedly held in Fort Knox, Kentucky, 20 percent at West PoinSunday, December 31, 2017 |
|
 | Rory Hall - Sprott Money |
| If You THINK About Taking Someone’s Golden “Pet Rock” It Would Be a “Declaration Of Financial War” - Rory Hall |
| Russia is not Venezuela.
I have long argued that most of Venezuela’s monetary issues are due
to their unwillingness to return the gold they received from the Federal
Reserve. Goldman Sachs had offered to acquire Venezuela’s gold, when
the oil market began it’s slide and
OPEC decided to flood the market with oil.
The story line was OPEC was attacking the US shale oil market when this
move actually crushed Russia and Venezuela’s oil market. Venezuela,
eventually, accepted
Goldman’s offerFriday, December 1, 2017 |
|
| Mac Slavo - ShtfPlan |
| Russia Warns Washington: Confiscating Gold Reserves Would Be “Declaration Of Financial War” |
| This article was originally published by Tyler Durden at Zero Hedge
In a surprising, and unexpected warning – which seemingly came out of nowhere – Russia’s Finance Minister Anton Siluanov cautioned Washington yesterdaythat “If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism.”
The comment appears to have been prompted by consideration of escalating US/EU sanctions which could ultimately impact Russia’s offshore held gold and reservWednesday, November 29, 2017 |
|
| Sprott Money |
| The Debt Bubble Is Beginning To Leak Air - Dave Kranzler |
| "The current state of credit card delinquency flows can be an early indicator of futuretrends and we will closely monitor the degree to which this uptick is predictive offurther consumer distress.” – New York Fed official in reference to rising delinquency rate of credit cards.
The
recent sell-off in junk bonds likely reflects a growing uneasiness in
the market with credit risk, where “credit risk” is defined as the
probability that a borrower will be able to make debt payments. This
past weThursday, November 23, 2017 |
|
| Graham Summer - Gains Pains & Capital |
| The Fed Isn't "Confused" About Inflation... It WANTS You In the Dark! |
| The Fed claims it’s “confused” as to why inflation remains so low.
The Fed isn’t confused at all. It intentionally measures inflation in ridiculous ways to guarantee that the “official number” remains nowhere near reality.
On top of this, we have factual evidence that Fed is in fact well aware that inflation is clocking in well above its 2% "target.”
Indeed, the New York Fed’s UIG inflation measure (which includes a “full data set,” unlike the ridiculous CPI which ignores most costs of living) rWednesday, November 22, 2017 |
|
| Chris Powell - GATA |
| Bill Murphy: Nearly two decades of fighting the Gold Cartel |
| Next year will be the 20th year, or two decades, that Chris Powell, the GATA army, and I have been out there doing what we could to expose the gold price suppression scheme by what we call the Gold Cartel.
What we have learned over all this time is how all encompassing the market manipulation schemes really are. Initially, we realized that various bullion banks (such as Goldman Sachs and JP Morgan) were collectively suppressing the gold price to keep it below $300 an ounce. Eventually we realizeTuesday, October 31, 2017 |
|
 | Jan Skoyles - GoldCore |
| Yahoo Hacking Highlights Cyber Risk and Increasing Importance of Physical Gold |
| – Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft
– Equifax hacking and security breach exposes half of the U.S. population
– Some 143 million people vulnerable to identity theft
– Deloitte hack compromised sensitive emails and client data
– JP Morgan hacked and New York Fed hacked and robbed
– International hacking group steals $300 million
– Global digital banking and financial system not secure
Editor Mark O’Byrne
Imagine there was a chemical disaster at a factThursday, October 5, 2017 |
|
| Mish - Global Economic Analysis |
| Durable Goods Order Jump Led By Autos: Positive Hurricane Impact |
| The Census Bureau reports “New orders for manufactured durable goods in August increased $3.9 billion or 1.7 percent to $232.8 billion, the U.S. Census Bureau announced today. This increase, up two of the last three months, followed a 6.8 percent July decrease. Excluding transportation, new orders increased 0.2 percent.”
Yep, new orders are up two of the last three months, but they are also up three of the last five, with two wild swings, one in each direction. Let’s investigate more details.
Wednesday, September 27, 2017 |
|
| Mish - Global Economic Analysis |
| Puerto Rico Dam Failing: 70,000 Threatened Some Stranded |
| Hurricane-ravaged Puerto Rico has no power and no gas. It also has crumbling infrastructure and near-worthless utility bonds following bankruptcy.
Today it faces another disaster: The 90-year old Guajataca River dam is failing in the wake of 15 inches of rain from Hurricane Maria.
215PM FLASH FLOOD EMERGENCY for A Dam Failure in Isabela Municipality y Quebradillas Municipality in Puerto Rico… #prwx pic.twitter.com/L3utOjxspR
— NWS San Juan (@NWSSanJuan) September 22, 2017
USA Today reporSunday, September 24, 2017 |
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